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Suppose someone tells you that, over time, free trade is helping capitalists and harming workers. What fact would you cite to challenge this statement?
Barriers to entry are forces that inhibit firms from entering new markets. These forces may result from practical and legal constraints. How do you think barriers to entry and product homogeneity affect the competitive nature of industries? For examp..
Illustrate what is the proper role of unions. Why are they declining in membership and influence in the economy.
Illustrate what is the capital account balance. Illustrate what is the official settlements balance.
What appears to be the major constraint that the central banks used to determine the limits of the monetary injections into the economy?
following weekly demand and short-run cost functions:VC = 20Q+0.006665 Q2 with MC=20 + 0.01333Q and FC = $5,000
Suppose that the production function is y=ka, where y and k denote production per unit of effective labor and capital per unit of effective labor, respectively. Suppose also that the saving rate, the depreciation rate, the growth rate of the populati..
Mr. Roe gave up a job paying $18,000 and investments paying $6000 a year to pen this business. What is his accounting profit and what is his economic profit?
q.firms often face the problem of allocating an input in fixed provide among different products. find out the optimal
It is a hot day also Bert is thirsty. Here is value he places on a bottle of water.
Assume that Densa Inc. falls 10 percent short of producing the profit maximizing output. Would a higher product price lead to greater output
A piece of equipment that was purchased two years ago for $59,000 was expected to have a useful life of 5 years with a $5,000 salvage value. Since its performance was less than expected, it was upgraded for $20,000 one year ago. Increased demand now ..
q1. were past societies in human history more ecological than our society today? what is the most ecological society
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